1221 2Nd StAlbuquerque, NM 87102

For Sale
$85,000 View listing
  • Mixed-use properties

Property Details for 1221 2Nd St

Property type
Mixed-use properties
Property subtype
Land

Description

This exceptional .09-acre lot (3,920.4 sq ft), located at 1221 2nd St SW in Albuquerque, New Mexico (zip code 87102), presents a unique opportunity for development. Priced at $85,000 ($21.68/sq ft), this mixed-use, multifamily-permitted property (APN: 101405615452821829) is zoned R-ML. Its central downtown Albuquerque location offers unparalleled access to a vibrant urban lifestyle. Nearby attractions include the Albuquerque zoo, aquarium, art galleries, museums, and a diverse array of shops and restaurants. The property's strategic position makes it highly suitable for constructing a multifamily residence, catering to the growing demand for rental properties in this desirable area. This is an owner/user investment opportunity, with no ground lease involved. The property is situated in Bernalillo County. This is a fantastic chance to build in a thriving downtown setting, close to cultural and entertainment amenities. Owner financing may be available.

1221 2Nd St, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0729
Longitude
-106.652

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